The operator of the Coronado Ferry Landing retail center and its government agency landlord will seek to bridge a $17.5-million divide and mend a fractured relationship as the parties’ contentious contract dispute quickly approaches a cliff.

Tuesday, the board for the Port of San Diego, which controls the tidelands around San Diego Bay, agreed to evaluate a recently revised lease and renovation proposal from its longtime tenant, Port Coronado Associates LLC. The board of port commissioners, however, did not consent to a one-year lease extension, as requested by PCA.

The decision leaves a seven-month window of opportunity to come to terms before the operator’s current lease expires at the end of June.

But the gap is wide and tensions are high.

“No tenant, no entity, no business, has the

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